Knicks Playing Out Economy

The New York Knicks by no means are in an economic crunch or crises. Their owners who also own Cablevision have no worries about losing money because they will continue to collect monthly cable bills as well as their "Optimium Triple Play" bills from their many customers. It's interesting to note the fact that the Knicks are trying to shed a lot of their salary and get under the cap by the 2010 season. The players who are considered "dead weight" are all but almost gone and they're looking towards the future right now. Ironically while the economy is in the trash they are getting rid of bad contracts and they are willing to add contracts in a few years when the economy will possibly be back to normal again. By then the Knicks will have saved plenty of money and will be looking to spend more at the right time. This also seems to be the route most people are taking now by hording money and wait out the recession until better says are upon us. This subtle idea caught me by surprise one time when I was flipping through the channels and I saw some of their game. This might not be the real reason for the Knicks to be getting rid of their long term contracts, but it's just a thought.